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New Deal


Announced

Sopra Steria to acquire an additional 65.26% stake in CS Group for €184m.

Financials

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Transaction Value£154m
Consideration TypeCash
Capital Owned10%
Capital Bid For65%
EV/Sales-
EV/EBITDA-
Share Price Premium74.7%
One Off Charge-

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Majority

Acquisition

Friendly

Domestic

France

critical systems

IT Services: Other

Pending

Single Bidder

Public

Synopsis

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Sopra Steria, a consulting, digital services and software development provider, agreed to acquire an additional 65.26% stake in CS Group, a company that specialises in digitisation of operational systems, for €184m. “The tie-up between Sopra Steria and CS GROUP would create a benchmark player in digital services and engineering, a prime contractor for critical systems in the fields of defence & security, space, and nuclear energy. It would also strengthen our position in aeronautics and cybersecurity. Furthermore, it would confirm our positioning in digital sovereignty and trust supporting our major European public- and private-sector clients. Lastly, it would position us well in verticals which, in light of the geopolitical and energy situation, offer a very strong growth outlook over the coming years,” Cyril Malargé, Sopra Steria CEO.

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